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SKYQ (Sky Quarry) Buildings And Improvements : $1.58 Mil (As of Sep. 2024)


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What is Sky Quarry Buildings And Improvements?

Sky Quarry's quarterly buildings and improvements stayed the same from . 20 ($0.00 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Sep. 2024 ($1.58 Mil).


Sky Quarry Buildings And Improvements Historical Data

The historical data trend for Sky Quarry's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sky Quarry Buildings And Improvements Chart

Sky Quarry Annual Data
Trend
Buildings And Improvements

Sky Quarry Quarterly Data
Sep23 Sep24
Buildings And Improvements - 1.58

Sky Quarry Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Sky Quarry Business Description

Industry
Traded in Other Exchanges
N/A
Address
707 W. 700 S, Suite 101, Woods Cross, UT, USA, 84087
Sky Quarry Inc is a development-stage oil-producing and refining company. The company along with its subsidiaries is engaged in deploying technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated soils. The recycling and production of oil from asphalt shingles is expected to reduce the dependence on landfills for the disposal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses.